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Home»Regulation»Donald Trump Vows to Protect the Future of Bitcoin and Crypto in the United States and Says He Supports the Right to Self-Guardianship
Regulation

Donald Trump Vows to Protect the Future of Bitcoin and Crypto in the United States and Says He Supports the Right to Self-Guardianship

2024-05-27No Comments2 Mins Read
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Former President Donald Trump continues to show his support for the crypto industry, saying he will protect the right of 50 million Americans to self-custody of digital assets.

Speaking to his supporters in Washington DC, the 2024 Republican candidate says he will ‘crush’ the Biden administration’s anti-crypto stance.

Trump goes on to say that he will protect US cryptocurrency from Democrat Senator Elizabeth Warren, known for drafting anti-crypto legislation, and that he will never allow the government to create a central bank digital currency (CBDC).

“I will also stop Joe Biden’s crusade to destroy crypto, we are going to stop it. I will ensure that the future of crypto and the future of Bitcoin will be made in the US and not driven abroad.

I will support the right to self-determination of the country’s 50 million crypto holders. I say this with your voice. I will keep Elizabeth Warren and her minions away from your Bitcoin, and I will never allow the creation of a central bank digital currency.”

Earlier this month, Trump went after the crypto vote by announcing that he is “fine” with digital assets, while simultaneously calling on Democrats and Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), to be anti-crypto.

He later announced that his campaign would accept crypto donations in the form of popular virtual currencies such as BTC, Ethereum (ETH), Dogecoin (DOGE), XRP, Solana (SOL), and Shiba Inu (SHIB).

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